Markets· ★★★· neutral·

Exchanges see 8,950 BTC net outflow as Asia volumes drop 14%

  • —Total exchange balances stand at 2,454,125 BTC after a 8,950 BTC daily outflow
  • —Weekly outflow reached 17,415 BTC; monthly outflow was 17,545 BTC
  • —Bitget saw the largest daily outflow at 7,679 BTC, followed by Kraken at 1,042 BTC
  • —BTCUSDT volume rose 24% in US hours, fell 14% in Asia and 44% in Europe
Why it matters: Sustained BTC outflows from exchanges reduce available supply and can support prices, but shrinking Asian volumes point to weak regional demand.
#BTC
Source: TokenPost
More on this
Markets · Sep 27
Exchanges see 3,366 BTC net outflow as Binance volume shifts to US hours
 Markets · Sep 26
Bitcoin Holds Near $83,900 as Volumes Slip 11.7%, Exchanges See 7,407 BTC Net Outflow
 Markets · yesterday
Exchanges see 4,362 BTC net inflow in a day as trading volumes rise